Turn your home’s equity into cash! Enjoy fast and flexible access to cash for home improvements, education expenses and more with our Home Equity Loan Solutions. Apply online or work directly with a Home Equity Specialist to determine the right loan option for your specific needs.
Home Equity Lines
of Credit
Access cash when you need it – up to your available credit limit.
Home Equity
Loans
Receive funds in one lump sum with a Home Equity Loan.
Home Equity Lines of Credit |
Home Equity Loans |
|---|---|
| Best Used For | |
| Ongoing or unpredictable expenses such as tuition, home improvements and more. | Large, one-time expenses such as home renovations, debt consolidation, vehicle purchases, etc. |
| Distribution | |
| Revolving line of credit; access funds when you need them up to your available credit limit | One-time, lump sum distribution |
| Interest Rate | |
| Variable; only pay interest when funds are accessed | Fixed; start paying interest on the entire amount immediately |
| Payments | |
| Payments vary based upon usage and current interest rates | Predictable, fixed monthly payments |
| Repayment Period | |
| 10-year draw period with 25-year repayment period | 10, 15 or 20-year terms available |
| Lien Position | |
| 1st or 2nd | 2nd |
| Annual Fee | |
| $100 | None |
To schedule a call with a Home Equity Specialist, fill out the form below.
Home Equity Loan and Lines of Credit
Quick Contact
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